Another brief random post to do a personal reality check of personal finance strategies.

This time it is about the end goal of wealth accumulation for retirement, whether it is to be for consumption in our locality or just for sake of investing; if it is the former, then we need to think about our investment strategies for creating the most wealth in the local currency for the end when we need it.

Ultimately, our wealth is for spending in the immediate location we are in when we retire, such as buying food, rent, medical etc. 

What good is our wealth stored in USD if we are not living in the US? Or in Bitcoin or whatever if we cannot use it at will for our daily expenses?

Well, this is where we fall back on the overall idea  of asset allocation. I think we need to count the overall weath we have in our local currency but have a clear mind about how our different assets invested are distributed efficiently to increase our yields in local currency amounts eventually. During the process of investing, the liquidity of funds in teems of local currency can be bad, but we should set our sights intentionally on the amount we need for retirement in the local currency.

This is important because it gives us a sense of goal in our investment.

Remember, we can’t eat bitcoin and if the conversion to local currency is bad due to drop in price or poor liquidity, then we are in trouble if we need some local currency urgently.




![](https://images.ecency.com/p/3W72119s5BjW4PvRk9nXBzqrPWMsMTjNrXDPFFf11w8sqrApKbjxGWhVrTx6SjroPuX8WJ7NPjsQf5VfPF8zjKWXKea3n66B7Xhsgjx3Jy1nm5fcHGZuVG.png?format=match&mode=fit)
[What is the Brief Random Posts about?](https://ecency.com/hive-167922/@cryptothesis/all-for-the-impending-bull) 

Disclaimer: This is not financial advice, and you should always do your own due diligence before investing!